The property is a detached three-storey building comprising two ground floor retail units and two residential flats on the first and second floors. There is also a yard area and vacant basement which can be accessed from the rear of the site
( Agency Pilot Software ref: 10042 )
Location
The property is located on Selhurst Road, South Norwood. Norwood Junction Railway Station is approximately 150m from the property, providing rail services to Epsom; East Croydon; Clapham Junction; London Victoria and London Bridge and London Overground Services to West Croydon and Highbury and Islington
Accommodation
Unit A (Basement & Ground) 39.18 sq m (422 sq ft )
Unit B (Ground) 39.47 sq m (425sq ft )
Terms
PRICE Offers are invited in the region of £600,000 for the freehold interest subject to the existng tenancies.
EPC The property has the following EPC Ratings; 216 – EPC Rating B 216a – EPC Rating C Flat 1 – EPC Rating C Flat 2 – EPC Rating C
ANTI-MONEY LAUNDERING Upon agreement of Heads of Terms, the buyer will be required to follow our Anti-Money Laundering process.
VAT The property is elected for VAT and it is anticipated that the transaction will be treated as a transfer of going concern
Specification
• Prominent building on arterial route
• Comprises two ground floor retail units and two residential flats on upper floors, all let
• Potential to convert the basement, STPP
• Potential to build to the rear, STPP
• Total passing rent of £39,536.96
• Opportunity for rental uplift